Update On Wall Street Protests

A reader posted the following comment regarding the Occupy Wall Street protests:

I am so proud of all you people who are showing your back bones, to stand up and put a stop to the Banking cartel, who is defining History, by insisting that We The People, use their Fiat Money system. Our Constitution states, that Only Gold and Silver shall be used as lawful Money. The So Called Federal Government, is really only to have Ten Square Miles, in which to conduct their so called wisdom to Protect the Sovereign States. But look at how much territory they call, Federal lands etc. We Have a rouge Government, which is completely out of control. Your movements of collective peaceful protests, are the beginning of the end for the crooked Fiat Money people. I am a WWII Vet, South Pacific Campaign. 94 years young, handy capped, from War Injuries. I want you to know from my Heart, I am so proud of each and every one of you. So Hang in there, your movement is just what this Country needs.

I’m not certain whether the reader is one of these gentlemen attending the Occupy Wall Street protests:

Oath Keepers sees good reason to stand in the streets with these awakening souls and protect their right to free speech, to peacefully assemble, and to redress their grievances to their government, as the Constitution prescribes for all Americans. That is one thing. Another facet of our initiative is to use these public gatherings to reach and teach many who now hunger for the truth – we can show them how the Constitution will protect them better than an oversized, bloated Federal behemoth hell-bent on controlling every aspect of each citizen’s life.

To point this out to the masses, Oath Keepers is organizing a joint effort along with Alex Jones of Infowars dot com (who himself called for an Occupy the Fed movement); Steven Vincent of End The Fed; Danny Panzella’s Truth Squad TV; Brandon Smith of Alt-Mkt.com; Gary Franch of Restore The Republic; and others as quickly as we can contact them. Remember Bob Dwyer, the guy who started the first Tea Party to launch the Ron Paul revolution? He’s in. The forces of Constitutional rule of law must muster now to deflect the bile being belched forth by the socialist/statist extremists …. Oath Keepers has the message American youth need. If we do not go out into the street and give them the truth, can we really say we’re still honoring our Oath?

When a corporation becomes larger than is useful, and seeks to concentrate financial power into the political and governmental spheres, its likeness is no longer the King Snake, but instead is more like a Rattlesnake. At a point we call such corps “Monopoly Capitalists”. By the time a grouping of such Monopoly Capitalist corps are setting U.S. foreign policy, which the arms industry certainly does nowadays, the problem becomes unbearably apparent. Bechtel comes to mind, along with Halliburton, the Carlyle Group, Monsanto, General Electric, et al.

That part of Wall Street is certainly to blame. But that is not “Capitalism”. Instead, it is “Monopoly Capitalism”, and it is now observably moving America into a new world order with intent to place America under the alleged authority of a one-world government. As such, Monopoly Capitalism is un-Constitutional and must be opposed.

While Michael Moore says that capitalism itself is the problem, Mr. Moore is wrong. As I’ve previously noted:

When Mahatma Gandhi was asked what he thought about Western civilization, he answered:

If people want to criticize capitalism and propose an alternative, that is fine . . . but only if they understand what free market capitalism is and acknowledge that America has not practiced free market capitalism for some time.

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People pointing to the Western economies and saying that capitalism doesn’t work is as incorrect as pointing to Stalin’s murder of millions of innocent people and blaming it on socialism. Without the government’s creation of the too big to fail banks, Fed’s intervention in interest rates and the markets, government-created moral hazard emboldening casino-style speculation, corruption of government officials, creation of a system of government-sponsored rating agencies which had at its core a model of bribery, and other government-induced distortions of the free market, things wouldn’t have gotten nearly as bad.

As Justice Louis Brandeis said:

In a government of laws, the existence of the government will be imperiled if it fails to observe the law scrupulously. Our government is the potent, the omnipotent teacher. For good or ill, it teaches the whole people by its example. If government becomes a lawbreaker it breeds contempt for law: it invites every man to become a law unto himself. It invites anarchy.

If there has been lawlessness and corruption among Wall Street players, it was partially simply modeling the lawlessness and corruption of the Executive Branch and Congress members. I’ve written elsewhere about how the government lied by saying Saddam had weapons of mass destruction and was behind 9/11 (when he didn’t and wasn’t), that we don’t torture (when we did), that we don’t spy on Americans (when we did), etc. Just like kids model what their parents do as well as what they say, Wall Street modeled the unlawful and corrupt actions of our government employees.

Being against capitalism because of the mess we’ve gotten in would be like Gandhi saying that he is against Western civilization because of the way the British behaved towards India.

Oath Keepers is planning to “Occupy The Fed Now!” and publicize this to remind the Occupy Wall Street people that the Fed is the source problem, without which the Wall Street criminals would be set back a hundred years. I will be posting our press release and a longer list of groups and orgs who will be joining Oath Keepers in this initiative.

We are currently drawing up our press release regarding our own response to the Occupy Wall Street phenomenon, which will be Oath Keepers’ official statement. We are now planning an official Oath Keepers project which we’ve named “Occupy The Fed Now!”.

Yes, Oath Keepers has seen the need to block the attempted takeover of the populist movement generally referred to as Occupy Wall Street.

In an extensive phone conference on the evening of October 04, 2011, we heard from Oath Keepers who have attended Occupy Wall Street, Occupy Boston, Occupy Los Angeles, and Occupy Seattle. The overall consensus from our people at these rallies is that most people attending the rallies are very open-minded to the Oath Keepers mission/message, and that they are hungry for answers. Indeed, our reports indicate that many Americans right now are awakening, in droves it seems, and they are full of questions for which we have the answer – the Constitution for the united States of America.

While progressives might assume that the Fed has helped the economy from getting worse, or that the importance of ending the Fed is being overhyped, top economists and financial experts disagree. See this, this and this.

As I pointed out Monday, whatever people think the government should do, the D.C. politicos have actually been a large part of the problem:

And while co-option of government by the big banks is a huge problem, it is also true that corruption in government leads to corruption in the private sector. See this and this. The U.S. has truly become a banana republic, just like the worst Latin American countries.

So anyone who thinks that government would solve all of our problems if it were only freed from obstructionists is only seeing half the problem, and is falling for the oldest trick in the book … the ole’ divide and conquer strategy.